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E11-15 (Algo) Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. April
E11-15 (Algo) Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. April 1: Repurchased 300 shares of the company's common stock at $38 cash per share. b. June 14: Sold 130 of the shares purchased on April 1 for $43 cash per share. c. September 1: Sold 120 of the shares purchased on April 1 for $33 cash per share. Required: 1. Prepare journal entries for each of the above transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Repurchased 300 shares of the company's common stock at $38 cash per share. Note: Enter debits before credits. Journal entry worksheet Sold 130 of the shares purchased on April 1 for $43 cash per share. Note: Enter debits before credits. Journal entry worksheet Sold 120 of the shares purchased on April 1 for $33 cash per share. Note: Enter debits before credits
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